For 2024, core inflation averaged 2.4%, pulling back sharply from the 4.2% rate seen in 2023. The headline measure came in at 2.7% versus 4.8% in 2023, suggesting that policymakers' efforts to tame ...

Strong gains in tech stocks, fueled by a $500B private-sector AI investment announcement boosted the Nasdaq by 1.28% and lifted major indices.